2022 Iowa Code
Title XII - BUSINESS ENTITIES
Chapter 491 - CORPORATIONS FOR PECUNIARY PROFIT
Section 491.104 - Meetings of shareholders.
491.104 Meetings of shareholders.
1. The board of directors of each corporation, upon approving such plan of merger or plan of consolidation, shall, by resolution, direct that the plan be submitted to a vote at a meeting of shareholders, which may be either an annual or a special meeting. Written or printed notice shall be delivered not less than twenty days before such meeting, either personally or by mail, to each shareholder of record entitled to vote at such meeting. Such notice shall state the place, day, hour and purpose of the meeting, and a copy or a summary of the plan of merger or plan of consolidation, as the case may be, shall be included in or enclosed with such notice.
2. The board of directors may hold the meeting solely by means of remote communication in accordance with section 491.17 and in that case the notice shall describe how shareholders may participate in the meeting.
[C50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §491.104]
2021 Acts, ch 165, §232, 248
Referred to in §508B.2, 515G.2, 521.2
Former unnumbered paragraph 1 editorially numbered as subsection 1
NEW subsection 2
